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Oil sector loses jobs in February

About 1,100 oil and gas workers lost their jobs in February, as low crude prices spurred energy companies to lay down rigs and lay off employees.  More »

Continued cold finally boosts natural gas

Natural gas in working storage fell by 228 billion cubic feet to a total of 1.71 trillion cubic feet in the week ending Feb. 27, according to U.S. Energy Information Administration data.  More »

Volatile Bakken crude expected to keep flowing through Texas

AUSTIN – Despite falling oil prices, production cutbacks and persistent safety concerns, rail officials plan to continue shipping millions of gallons of volatile crude oil from the Bakken region of North Dakota through Texas, according to updated records provided by state officials on Wednesday. Average weekly volumes reflect little change from a first batch of […]  More »

Nabors cuts more than 3,400 jobs

Via Collin Eaton, FuelFix: HOUSTON – Nabors Industries  has cut 12 percent of its 29,000-employee workforce as oil producers continue to send U.S. land rigs to the sidelines, the drilling contractor’s CEO said Tuesday. That includes a 10-percent cut from its sales staff and a 20-percent reduction in its U.S. drilling workforce, or about 3,480 […]  More »

Don’t suffer from “analysis paralysis” when making your next career move

That question, “now what?”, is a scary thing, because it implies uncertainty, and for some that implies failure.  More »

Texas grid can handle the heat, operator says

Texas power plants should be able to meet spring and summer electricity demand, the state’s grid operator said Monday.  More »

Guest commentary: dealing with low energy prices

Many Texans have seen this movie before, and some of us have seen it several times. Until the commodity cycle turns, as it always does, refocus on the basic blocking and tackling of running a business. Take protective measures to guard against avoidable losses.  More »

Climate Skepticism: Today’s Witch Hunt and McCarthyism

Although the Salem witch trials took place in the 1690s, witch hunts are still used as a tactic of social persecution and a means to censure and demonize those who do not conform to the climate orthodoxy. From Salem to McCarthyism to today’s increasingly strident attacks on so called “climate skeptics,” witch -hunts are a […]  More »

Dynegy scraps California sales

On Tuesday, the company reported a net loss of $104 million in the fourth quarter of 2014. It had a $91 million loss during the same period a year ago.  More »

A victim of the industry downturn asks for advice

This week I answer a reader email from someone who has unfortunately been caught up in the industry’s reaction to plunging oil prices.  More »

Fuel-hauling trains could derail at 10 a year

The federal government predicts that trains hauling crude oil or ethanol will derail an average of 10 times a year over the next two decades, causing more than $4 billion in damage and possibly killing hundreds of people if an accident happens in a den…  More »

Shell reveals what it says is the sticking point in labor talks

The central issue blocking a settlement is not safety, fatigue, healthcare or wages, the statement said.  More »

Steelworkers strike expands to Port Arthur and beyond

The United Steelworkers union has expanded its strike to the Motiva Enterprises refinery in Port Arthur.  More »

Natural gas heavy duty trucking fleet could benefit US economy and security, but not necessarily climate

The decision by the Organization of Petroleum Exporting Countries’ (OPEC) decision to favor a market-share approach rather than defend prices – and the subsequent fall in oil prices– has prompted a drop in drilling activity in the United States and layoffs in the oil and gas sector. While the U.S. economy benefits from falling oil […]  More »

West Virginia oil train derailment: Fires for hours, smoke

Emergency crews and environmental officials are responding to a train derailment in West Virginia that sent at least one tanker containing crude oil into a river and also caused a nearby house to catch fire.  More »
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